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9977 N LAKE Road, Otter Lake, MI 48464

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For Sale

$399,900

3 beds • 2 baths • 1,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $266.60
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

This home has it all! Enjoy all sports North lake located close to Macomb and Oakland county. This is a quiet community that has everything to offer. Great Fishing, Boating, Swimming and so much more. Located on the south end of the lake (deepest part) this home has one of the largest lake frontages (140 ft), a sandy beach, and two docks. 3 lots are included, all be sold together for the first time, 2 of them are on the Lake. The 3rd lot located behind the home has a large barn, 2 carports for boat or camper storage, electric and septic. This lot has been used for campers (full hook up), extra space and parking. The home has plenty of room for a large family, the primary bedroom has a full bath and room for multiple beds with a private balcony with lake views, Open concept on the first floor with room for dining and a bonus room that is used for extra sleeping. The seller has used this home for the family for years and also has a strong AirBNB profile with over 30 5 star reviews. Any time they don't go to the cottage they post it live on Airbnb and it rents instantly for around $250 a night. The 2 car garage next to the house has been converted into living quarters with a bed and living area which allows this home to sleep 12 comfortably. (Can easily be converted back) All appliances, pontoon and most of the furnishings are included with a full price offer. Close to the Metro Detroit area (about an hour), 20 minutes from Frankenmuth, 15 minutes to grocery but still has the "Up North" feel you are looking for. The homes on the lake are about 50/50 full time/part time. This is a public Lake with a boat drop, public park and beach. I know this family has loved this cottage, the neighbors, the lake life and everything this property has to offer, although it is bittersweet they are excited to allow a new family this opportunity.
MLS# 20230074743

Courtesy Of GSA Elite Realty
12500 E 13 Mile, Warren, MI 48093
(586) 806-5848

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Colonial
  • Cooling System
    Ceiling Fan(s), Window Unit(s) A/C
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Heating Fuel
    Natural Gas
  • Heating System
    Fireplace, Forced Air
  • Lot Size
    0.71 Acres
  • Roof Type
    Asphalt
  • Rooms
    Bedroom, Full Bath
  • View Type
    Water

Map and Directions

Directions to 9977 N LAKE Road, Otter Lake, MI 48464

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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